do you think the waste to energy project will make alot of money ? i buy in cypark because i think this is a good business . gurantee wont lose money .
nope all government Concession agreement is generally around 10% of equity return~~ and for that WTE project..they have been talking since 2013~~it is only recently there are some movements (appointing contractors)~~maybe you will need to wait at least 3 years to materialize~~ it is a viable business for sure~~but risky and moderate return at most
superman you are joking government concession only 10% equity return ..... if so low all the main con , sub contractor , sub sub contractor all go die already.
Invest in this type of company is not for 1 years period you must look 3-10years period..its not like cyclic type company where any factor come you can plug any TP from the sky
KUALA LUMPUR: Tenders from three bidders for the proposed Taman Beringin waste-to-energy (WTE) incinerator project in Kepong were currently being scrutinised by the government.
Urban Wellbeing, Housing and Local Government Deputy Minister Datuk Halimah Mohd Sadique said the three had been shortlisted out of four parties that have submitted their proposals.
"The documents are still being scrutinised by a technical committee, comprising representatives from relevant government agencies and experts on solid waste management from local universities, and another committee chaired by Ukas (Public- Private Partnership Unit) under the Prime Minister's Department, so we can't give the estimate construction and operations costs for the project yet. The incinerator, if approved, will have the capacity of processing 1,000 tonnes of waste daily.
"The environmental impact assessment that takes between nine and 12 months, is also being carried out first as a condition before the tender can be awarded. A consultant was appointed in September last year to carry out the study," she said in responding to a question by Tan Seng Giaw (DAP-Kepong).
Based on the industry outlook and our plans as indicated above and barring any unforeseen circumstances, the Board of Directors is of the opinion that the business and performance of the Group is expected to be robust and strong for the current and coming years.
Where to find companies which report quarter on quarter growth in revenue and earnings? Those that do were mostly the exporters. When the biggest catalyst coming in the form of potential Kepong WTE win, this baby will fly already!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
C-put
158 posts
Posted by C-put > 2015-11-22 15:16 | Report Abuse
Rozali disposed his shares?